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The State Duma of the Russian Federation will support the first reading of the initiative, which will add the basic norms of the digital economy to the civil code of the Russian Federation. This is the latest step on the way to introducing cryptocurrencies in the country, informs local press service.

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The Reserve Bank of India (RBI) has banned banks and other financial institutions from facilitating cryptocurrency transactions in the country. In response to this coalition consisting of four platforms for the exchange of cryptocurrencies and other startups, the regulator filed a petition in court, questioning the RBI directive. The decision of the Supreme Court will be considered on May 17.

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The government of the Philippines will allow 10 Blockchain companies and cryptocurrencies to operate in a special economic zone, the Cagayan Economic Zone. The companies will be the first Blockchain and cryptographic companies that will legally operate in the Philippines after the Cagayan Economic Zone Authority (CEZA) has created a fintech center, which aims to create the Asian "Silicon Valley".

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The likely next president of the Federal Reserve Bank in New York said that the cryptocurrency "does not pass the basic test of what the currency should be". John Williams, who is the current head of the Federal Reserve Bank of San Francisco, said the currency should be "something like a value-added asset".

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The Central Bank of Iran has banned domestic banks and other financial institutions from dealing with cryptocurrencies, citing concerns about money laundering that first appeared in December 2017. The Iranian State Information Agency (IRNA) has published a statement saying that banks, credit institutions, and stock exchanges should avoid buying these currencies or take any action to promote them.

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Amazon Technologies, Inc. - a subsidiary of the American giant of e-commerce and cloud computing Amazon.com, has obtained a patent for the market offering data channels. More importantly, the patented market includes Bitcoin transactions. The U.S. Patent and Trademark Office approved the Amazon Technologies application for a patent on the streaming data market. This patent was originally filed in September 2014 and relates twice to BTC transaction.

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The Vice-President of the Bank of Japan spoke negatively about the impact of digital currencies issued by Central Banks on the current financial system. In his opinion, deputy governor Masayoshi Amamiya said that though the digital currency issued by the Central Bank may have a negative impact on the current financial system, the bank is open in the future to use new economic technologies such as cryptocurrencies.